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12405824
21212721

3000 Sandy Ridge Rd, Colfax, NC 27235 For Sale

TM
NC 270174
McGee Commerical Real Estate
Listed by McGee Commerical Real Estate
$2,650,000
1050 days on market
Updated 17 days ago

Development Land at I-40 Interchange

Details
Property Type Land
Sub Type Commercial
Acreage 2.650
Zoning CZ-LI
Ownership Parker and Craven Development

Vacant mostly cleared land near I-40 interchange with Sandy Ridge Road frontage

Marketing description

Future widening of Sandy Ridge Road will create a major commercial traffic artery connecting north High Point (Johnson Street at Skeet Club Road) with the I-40 interchange. Once completed in 2027, the road widening will insure increased, steady automobile traffic in front of this property currently zoned LI but developable for a number of potential uses and will motive active future residential and commercial development along this road. Proximity to the Piedmont Triad Farmers Market and the future 500 acre High Point North Business Center also heighten visibility. Annexation and potential rezoning required if access to High Point water and sewer is needed.

Development plans include the subdivision of the central portion of the property in to two 2.65 acre parcels accessed from a common entrance centrally located on north bound Sandy Ridge Road as well as an internal road offering multiple egress points. These parcels can be combined into one 5.3-acre parcel if desired. Discussions are still underway as to the potential access points to the property from Sandy Ridge Road and the Piedmont Triad Farmers Market entrance.

Investment highlights

17 + acres of gently sloping land with 1,100 feet of frontage on Sandy Ridge Road and located between the I-40 interchange and the Triad Farmers Market entrance. Excellent visibility from Sandy Ridge and accessibility/visibility from I-40. Land zoned through Guilford County to CZ-LI (Conditional Zoning - Light Industrial). NCDOT has plans to widen Sandy Ridge Road in the next four years based on STIP U-4758 (see attached schematics). Proposed redevelopment site plan for Highway Interchange users shown. High Point city water access at the southern corner next to Farmers Market entrance and sewer access is across Sandy Ridge Road. Annexation into High Point required to access water/sewer as well as potential rezoning as required. Call for pricing.

Listing Contacts

TM
NC 270174
McGee Commerical Real Estate
Listed by McGee Commerical Real Estate

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